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24/04/2009
Ten Year Sentence For Northern Bank Robbery
The man convicted of laundering some of the proceeds of the £26.5m Northern Bank robbery in Belfast has been handed down a 10-year sentence by the Irish courts.
Cunningham's 34-year-old son, Timothy, was given a three-year sentence suspended for three years.
He pleaded guilty to one offence of money laundering during the 10-week trial in Cork.
The two are the only people to have been convicted for any offences connected with the huge robbery, which has frequently been blamed on the IRA - a claim consistently denied by Sinn Feín politicians.
Cunningham senior is also now facing a court order to pay €880,000 in tax debts.
It follows an investigation by the Criminal Assets Bureau into the financial affairs of the man, Ted Cunningham.
The 60-year-old from Cork was found guilty in March of laundering more than £3m from the robbery in December 2004.
Detectives seized more than £2.3m at Cunningham's home at Farran, County Cork, in February 2005.
He told them it came from the sale of a gravel pit in Offaly to Bulgarian businessmen.
The trial heard the prosecution claim that a total of almost £4.9m had passed through his hands.
The majority of the jury at the trial of Ted Cunningham agreed his guilt in March over charges of laundering money from the infamous robbery which forced the bank to redesign and print new notes.
(BMcC/JM)
Cunningham's 34-year-old son, Timothy, was given a three-year sentence suspended for three years.
He pleaded guilty to one offence of money laundering during the 10-week trial in Cork.
The two are the only people to have been convicted for any offences connected with the huge robbery, which has frequently been blamed on the IRA - a claim consistently denied by Sinn Feín politicians.
Cunningham senior is also now facing a court order to pay €880,000 in tax debts.
It follows an investigation by the Criminal Assets Bureau into the financial affairs of the man, Ted Cunningham.
The 60-year-old from Cork was found guilty in March of laundering more than £3m from the robbery in December 2004.
Detectives seized more than £2.3m at Cunningham's home at Farran, County Cork, in February 2005.
He told them it came from the sale of a gravel pit in Offaly to Bulgarian businessmen.
The trial heard the prosecution claim that a total of almost £4.9m had passed through his hands.
The majority of the jury at the trial of Ted Cunningham agreed his guilt in March over charges of laundering money from the infamous robbery which forced the bank to redesign and print new notes.
(BMcC/JM)
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20 January 2009
Northern Bank 'Laundering' Trial Underway In Cork
One of the largest ever bank heists is being recalled today as the trial begins in Cork of a father and son accused of money-laundering offences in connection with the £26.5m Northern Bank robbery in Belfast just over four years ago.
Northern Bank 'Laundering' Trial Underway In Cork
One of the largest ever bank heists is being recalled today as the trial begins in Cork of a father and son accused of money-laundering offences in connection with the £26.5m Northern Bank robbery in Belfast just over four years ago.
30 June 2008
Securicor Robber To Be 'Stripped' Of Assets
A serial criminal who was jailed over an armed raid on a G4 Securicor van in Antrim is to be hit in his wallet too. Seamus Cunningham, 36, will forfeit a substantial interest in a domestic property at Dundrod, Co Antrim, and seven bank accounts.
Securicor Robber To Be 'Stripped' Of Assets
A serial criminal who was jailed over an armed raid on a G4 Securicor van in Antrim is to be hit in his wallet too. Seamus Cunningham, 36, will forfeit a substantial interest in a domestic property at Dundrod, Co Antrim, and seven bank accounts.
19 February 2014
Northern Bank Cash Laundering: Financier Changes Plea To Guilty
Timothy 'Ted' Cunningham, the financial adviser who denied involvement in laundering £605,000 from the Northern Bank robbery, has changed his plea to guilty.
Northern Bank Cash Laundering: Financier Changes Plea To Guilty
Timothy 'Ted' Cunningham, the financial adviser who denied involvement in laundering £605,000 from the Northern Bank robbery, has changed his plea to guilty.
15 January 2009
Cork Father And Son Deny Northern Bank Involvement
A father and son from Cork have denied laundering money taken during the Northern Bank robbery five years ago. Timothy 'Ted' Cunningham, 60, and Timothy John Cunningham, 33, pleaded not guilty to 24 charges of 'laundering' sums of over £3 million.
Cork Father And Son Deny Northern Bank Involvement
A father and son from Cork have denied laundering money taken during the Northern Bank robbery five years ago. Timothy 'Ted' Cunningham, 60, and Timothy John Cunningham, 33, pleaded not guilty to 24 charges of 'laundering' sums of over £3 million.
12 May 2009
Two Men Arrested Over Northern Bank Robbery Cash
Two men are to appear in court after being arrested yesterday in connection with money laundering of cash taken during the Northern Bank raid in 2004. Gardai in Cork have arrested two men aged 62 and 40-years-old in Cork City yesterday. Last month, Ted Cunningham, 60, was jailed for ten years for his involvement in the robbery.
Two Men Arrested Over Northern Bank Robbery Cash
Two men are to appear in court after being arrested yesterday in connection with money laundering of cash taken during the Northern Bank raid in 2004. Gardai in Cork have arrested two men aged 62 and 40-years-old in Cork City yesterday. Last month, Ted Cunningham, 60, was jailed for ten years for his involvement in the robbery.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
